Latest News:  

English>>World

Obama to meet top lawmakers on spending cuts

(Xinhua)

14:39, February 28, 2013

WASHINGTON, Feb. 27 (Xinhua) -- U.S. President Barack Obama is scheduled to meet top congressional leaders for talks on government spending cuts this Friday, White House spokesman Jay Carney said on Wednesday.

Obama has invited four leading lawmakers including House Speaker John Boehner to meet at the White House, and hopes to have a "constructive discussion" with them, Carney told reporters here at a daily briefing.

The meeting is to take place not before but on the day that across-the-board automatic government spending cuts, the so-called "sequester" or "sequestration" in U.S. government budget language, are set to kick in, signaling that efforts of Democrats and Republicans to avert the sequester may have stalled.

Roughly 85 billion U.S. dollars of spending cuts are set to hit various government departments this year starting March 1, as agreed by Democrats and Republicans in January in their efforts to resolve the so-called "fiscal cliff."

"Compromise here in Washington can usually be measured by a willingness of one leader to put forward proposals that demonstrate tough choices by his side, or her side. What we have not seen from the Republicans is anything like the willingness to compromise inherent in the proposals that the President has put forward," Carney stated.

Republicans should support a balanced deficit reduction plan, including higher taxes on the rich and closing some special interest tax loopholes, to replace the looming sequester, Carney added.

GOP leaders oppose any sequester replacement plan that includes higher taxes on the rich. The White House has escalated attacks on GOP leaders to set up Republicans for blame if the government outlays cuts are to take effect.

We recommend:

Backstage of Ralph Lauren 2013 Fall collections

New York slammed with heavy snow

"Swan Lake" rehearsed in Mexico

Costumed revellers gather in Venice

People protest against DPRK's nuclear test

Chinese Lunar New Year celebrated around world

Email|Print|Comments(Editor:LiXiang、Zhang Qian)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. An advanced military training base

  2. Chinese Navy's type-056 frigate

  3. Egypt's balloon explosion kills 19

  4. West debates China's 'leftover women'

  5. Kissing competition in collective wedding

  6. Community's fire, folk carnival in China

  7. Too much of a good thing

  8. The crazy things that you never saw

  9. Easier entry to grid may charge

  10. Media Markt to shut down all city stores

Most Popular

Opinions

  1. Housing still on unsustainable path
  2. Property market so far so good
  3. Park Geun-hye's road will be tough
  4. China reserves right to appeal WTO ruling
  5. SOEs must act to avoid PR disaster
  6. Mainland hails Lien Chan's visit
  7. Party mulls personnel, govt reshuffles
  8. China must brace for impact of possible EU-US FTA
  9. Peaceful development important in cross-Straits ties
  10. "China threat" theory still exists despite Nexen deal

What’s happening in China

Special Lantern Festival in Shaanxi Women's Prison

  1. Suspect dies following S China bombing
  2. Frugality, anti-corruption affects luxury brands
  3. Regulation to stop production of 'gutter oil'
  4. 225 websites closed for spreading porn
  5. New food scare as report says tainted rice sold